Funt Brytyjski/Jen JapońskiZaktualizowano GBPJPY, triangle or not?
both scenarios have profitable trade setups.
wait to see which one is going to play..
I'm in long from about 156.740 ( check related ideas), as soon as I find out that its going for triangle, I'll take profit and look for short setup , and if I was wrong and it breaks to upside, I will wait for correction for another long setup.
wait to see which one is going to play..
I'm in long from about 156.740 ( check related ideas), as soon as I find out that its going for triangle, I'll take profit and look for short setup , and if I was wrong and it breaks to upside, I will wait for correction for another long setup.
Uwaga
this possibility exists for the pattern to be a double combination corrective pattern ending with triangle. I'm waiting to see which structure is it going to form, because now there are some possible moves to both directions and entering a trade is risky at this point.Uwaga
I'm watching this pair very closely. It seems that triple zigzag corrective structure is about to end, if its true and we figure out that its triple ZZ we will have a nice sell trade. but for long setup, i have no idea as yet and after a break out to upside and correction i will decide to buy or not.Uwaga
it seems that this double zigzag correction has been ended and there will be a wave to downside
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